This is a rush transcript from "Your World With Neil Cavuto," February 16, 2010. This copy may not be in its final form and may be updated.

NEIL CAVUTO, HOST: All right, well, the president pushing green jobs, as we have been saying, even as a top climate scientist is raising some big doubts about it — Phil Jones now admitting that there has been no statistically significant global warming in the last 15 years.

Now, it's the reason why three big companies, ConocoPhillips, B.P., and Caterpillar, are pulling out of a major climate partnership and why Donald Trump is urging something else be pulled, Al Gore's Nobel Prize.

He joins us now on the phone for this exclusive chat. Donald, very good to have you.

DONALD TRUMP, CEO, TRUMP ORGANIZATION: Hi, Neil.

CAVUTO: First off, on these companies pulling out of this, maybe they're catching on to something you had warned about. What do you make of this?

TRUMP: Well, I don't blame them. They probably see the e-mail that was sent a couple of months ago by one of the leaders of global warming, the initiative, and almost saying — I guess they're saying it's a con.

And they see things like that. They see the fact that, in Washington, where I'm building a big development, nobody can move, because we have 48 inches of snow, and the snow is not melting because it's so cold. And, in New York, we have had the coldest winter on record.

And all over Europe — by the way, I have friends in Europe – they're freezing. It's so cold. It's never been colder.

(LAUGHTER)

CAVUTO: Well, you know, but, Donald, I have talked to a lot of the environmentalists and global warmists, whatever you call them, who have been saying, well, this is global warming. This is what happens.

TRUMP: Well, the problem we have is that the world has also got to play the game. And we're scrubbing our coal, and we're doing all sorts of things that are making our products much more expensive and non- competitive.

And places like China, do you think they scrub coal? Well, I doubt it. Japan, India — do you really believe that India is out there scrubbing their coal to make it nice and clean? I don't think so, Neil. So, we...

CAVUTO: So, you think we're stuck with the burden of doing all of...

(CROSSTALK)

TRUMP: Well, we do it, but they don't do it. They talk a good game. And they talk like, oh, well, we will do it.

I watched as one of the big representatives from China was talking about global warming, and I know that, underneath, he's laughing, because I know a lot of people, a lot of entrepreneurs and businesspeople from China, they laugh at our stupidity as a country.

CAVUTO: Now, these companies that sort of said, all right, we're parting ways, Mr. President, do you think this is the beginning of a floodgate?

TRUMP: Well, I do think so. I think that the — the memorandum or whatever it was that they found a few months ago was devastating by the leaders of the movement of global warming.

CAVUTO: Right.

TRUMP: I think that was devastating, because that basically said, you people are a bunch of jerks to follow us, and we're just kidding.

And I really think that was the beginning. Now, a lot of people like me have been saying this for a long time. We have been out. We have been watching. You know, in 1928, they heard a magazine cover, a major magazine, talking about global cooling.

And it is. It's probably getting a little bit warmer. And then, in a number of years or decades, it will get a little bit cooler. But to think that you can't use hair spray in your bathroom because it's going to destroy the ozone, I mean, it's called give me a break.

CAVUTO: Well, that would be fatal for me, if that were the case.

TRUMP: It would be bad for me, too, Neil.

CAVUTO: All right.

So, let's talk about little bit about what happens right now, because you have said, given the cold weather that we have been experiencing — I don't know whether you were kidding or not — that Al Gore, maybe the Nobel Committee should rethink that prize for him.

TRUMP: Well, no, I was just using that as an example. I like Al Gore. He's a nice man.

But, you know, he got the Nobel Prize on something that I don't believe he should have got a Nobel Prize for. And I said that tongue-in-cheek. I said that sarcastically. And it was picked up as though it were — obviously, you're not taking it back, but, certainly, it — you know, you just have to look at what's happening throughout the world. It's crazy.

CAVUTO: I want to switch gears.

TRUMP: The biggest problem, Neil, is that it's putting this country at a competitive disadvantage.

CAVUTO: Yes.

TRUMP: Now, I believe strongly in clean energy and conserving energy and all of that more than anybody. But it's putting this country in terms of the words global warming at a huge competitive disadvantage.

CAVUTO: The World Trade Center, now, the latest talk is you might be in on bidding. Where does this stand?

TRUMP: Well, I have looked at it. And I have great respect for the people at the Port Authority. And I have very solidly looked at it.

And, you know, I don't think so. I really don't think so. I have property in downtown Manhattan, but they have some very good people looking at it, and we will see how it comes out.

CAVUTO: When you say you're looking at it, to do what?

TRUMP: Well, they want – they're looking – they're actually out with a request, request for proposal, on the redevelopment of the World Trade Center tower, which has already been started.

I think it's a very smart move by the Port Authority. And I think it's going to get built. And I hope it's going to be successful.

CAVUTO: Yes, but when? I mean, this is sort of like, what, almost a decade after 9/11.